NEWS DIGEST – 05.09.2025 🚀
1) SEC’s rulegate: Turning the U.S. into a crypto-friendly arena
🟢 The SEC has dropped its upcoming Spring rulemaking agenda, proposing sweeping reforms to simplify crypto compliance for Wall Street. Planned changes include clearer digital asset sale rules, broker-dealer clarifications, safe harbors, and approval for trading crypto on national securities exchanges and ATSs.
Why it matters: This marks a sea change toward institutional adoption—crypto moving from fringe to formal finance.
Source: Reuters.
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2) American Bitcoin IPO rides the hype train
🚀 “American Bitcoin,” backed by Eric and Don Jr. Trump, has begun trading on Nasdaq following a SPAC merger with Gryphon. It’s mining BTC, buying and stacking it on its balance sheet, leveraging branding power, and peaked near a $7.5B valuation.
Why it matters: Politically charged, high-profile miner IPOs bring crypto into mainstream spotlight—and volatility.
Source: Axios Crypto.
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3) North Korea’s recruiting scams hit crypto pros
🕵️ Crypto job hunters are being lured with fake recruiter profiles on LinkedIn and Telegram—codenamed the “Contagious Interview”—only to have malware install and drain wallets. SentinelOne and Validin research report 230+ such attempts just in Q1.
Why it matters: Targets the people powering crypto infrastructure—security breaches here risk protocol, platform, and treasury integrity.
Source: Reuters.
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4) Ether Machine pulls in $654M before Nasdaq debut
💰 Ether Machine, merging Ether Reserve with a SPAC, raised around 150,000 ETH (~$654M) from big-name backers like Jeffrey Berns, Kraken, and Pantera. The firm now holds 495k+ ETH plus $367M in capital for more accumulation ahead of its Nasdaq listing.
Why it matters: High-stakes ETF allies stacking ETH—this company is positioning as an institutional ETH treasury analog.
Source: Reuters.
